Gap in the market & Competitive advantage

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Finance Bell provides financial management capabilities, which would enable people to enter their credit card information so that our application can scan the spending across different areas. Our application is unique in the sense that it can allow customers to consolidate all their credit card spending in one place. The tool helps people save some money also with relevant ads and targeted offers. People will get reminders about their upcoming credit card payment due dates so that they do not miss a payment. The initial revenues will come from credit card companies that advertise on our website about their products and services. When people signup for specific credit cards, we would also get a commission on every signup. The existing gap that our tool is addressing is that it is consolidating all the transactional data in one place. We can add the whole family’s card details to scan the entire family finance. Other companies that offer the same service do not show targeted ads or offers. So, their offers are either a hit or a miss.

Abstract page
Obtaining funds
Timeframe to launch
Hardware
Software
Other support IT to get the systems up and running (networking, database, etc…)
People
Equipment
Office Space
Story behind the name “Financial Bell”

Sample Solution

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Need for finance management apps

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Irrespective of their salary, every person needs a way of managing his/her finances to keep a track of spending and plan savings or investments. On an average, everyone has at least 3 credit cards, in addition to bank accounts. As the number of accounts and credit cards increases, it makes tracking and managing expenses across multiple accounts all that harder. Personal finance management apps step in to address this need for users to consolidate all their accounts in one place to make spend tracking much easier. These apps aim at reducing the tediousness of manually sifting through all transactions by linking accounts to the app and allow it to do the heavy work for us.

Sample Solution

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Overview of the Discovery Process

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Analyze the following situation and, using your understanding of the discovery rules as explained in this chapter, determine which of the following items in the Geo-Central case would qualify as initial disclosures and which, under Rule 26 of the Federal Rules, would have to be provided to Craig and Kristin Benson without waiting for a discovery request:

a) a copy of a list of all inspection reports on the Atomic-Angel written by Marsh over the last 18 months and in the possession of or under the control of Dr. Zimmerman;

b) a set of notes written by your supervising attorney during the initial interview with Dr. Zimmerman;

c) a series of emails that passed between Dr. Zimmerman and Dr. Marsh regarding the possible suspension of Marsh and the later results of those discussions;

d) the names, addresses, email addresses, mobile numbers, and office telephone numbers of the research fellows supervised by Dr. Zimmerman over the last 18 months; and

e) a video of a practice session during which Dr. Zimmerman was questioned by an attorney in your law firm

In each situation, explain why this item in question should or should not be classified as an initial disclosure.

Sample Solution

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Leadership & Management – Leadership Consultation Analysis

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It can be difficult for a business to improve how it operates from inside the organization. Sometimes, an outside perspective is needed. The large discount retail store you work for wants to improve its in-store restaurant management team.

YOUR ROLE
Companies like Target and Walmart often work with outside consultants—people who are not employees of the company but who are hired on a contract basis to help with a specific project. As a Leadership Consultant, you’ve been hired by a large discount retail company to help the company improve its leadership structure and approach to management.

WHAT IS A LEADERSHIP CONSULTANT
A leadership consultant is a person called in to a company, be it a large corporation or a small business, to evaluate how it operates and make recommendations for improvement. Leadership consultants are typically hired when a business is struggling and needs to make changes in order to remain profitable. Such consultants are often highly educated in the field of business and have experience in managerial roles.

INSTRUCTIONS
STEP1 ORGANIZATIONL STRUCTURE
Take a look at the Organization Chart provided by the company.

Based on your knowledge of hierarchies, would you say that this team has tall structure or flat structure? Please explain your answer.
STEP 2: HUMAN RESOURCES
The company would like to improve the culture of its team and the quality of its work. Its leadership has provided you with a Process Chart detailing how it currently applies Human Resources best practices.

What step of the Human Resources Cycle is missing? Please explain why it is important to include this part of the process.
Note: You should complete Step 3 after reading the material in Week 9.

STEP 3: LEADERSHIP STYLE
You have been asked to help improve the leadership style of the team leader in order to meet the team’s performance goals. The team leader has given you a description of what is most comfortable in terms of leading others.

Identify this leader’s style of leadership, and list two benefits and two drawbacks to that style as it relates to the performance of the team.

Sample Solution

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